Build · Texas
Construction-to-Perm in Texas
Building your custom Texas home? One closing covers the construction loan and the permanent mortgage.
Common challenges we solve
- Coordinating builder draws and inspections
- Locking a long-term rate during construction
- Avoiding two closings (and two sets of fees)
What you get with Lumos
Single-close construction-to-perm
Interest-only during build
Extended rate lock through completion
What's different in Texas
Lots in newer Texas subdivisions often sit in a MUD or PID, which adds an assessment on top of the regular property-tax rate. Texas mechanic's lien rules let unpaid contractors and suppliers file liens, so lenders and title companies track lien waivers with each construction draw.
Loan programs that typically fit
Frequently asked
- How long can the build last?
- 12 months is standard; up to 24 on custom builds.
- What down payment is required?
- Down payment requirements vary by program — we'll show you your options.
